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The Latest Breaking News from ECB

Markets Today: Stocks Mixed as Debt Ceiling Negotiations Continue

Morning Markets U.S. stock indexes this morning are mixed. The S&P 500 Index ( $SPX ) ( SPY ) is up +0.10%, the Dow Jones Industrials Index ( $DOWI ) ( DIA ) is down -0.27%, and the Nasdaq 100 Index ( $IUXX ) ( QQQ ) is up +0.41%....

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Markets Today: Stocks Slightly Higher as Debt Ceiling Negotiations Continue

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are up +0.10%, and June Nasdaq 100 E-Mini futures (NQM2 3) are up +0.04%. U.S. stock index futures this morning are slightly higher. M&A activity today is lifting the overall market after Chevron agreed to buy PDC Energy for...

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Dollar Slips on a Snag in Debt Ceiling Talks and Dovish Powell

The dollar index (DXY00 ) on Friday fell by -0.36%. The dollar retreated after Friday after talks to raise the debt ceiling hit a roadblock when Republican negotiators left a meeting with White House representatives and said talks were on a “pause.” The dollar also moved lower Friday after Fed...

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Stocks Slide After Republicans Pause Debt Ceiling Negotiations

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.35%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.45%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.36%. GOP negotiators halted debt ceiling discussions with the White...

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Gimmick or terrific? Edgbaston doubleheader sparks off T20 Blast

This year’s competition features Birmingham-based bookends for the first time as the ECB sets its sights on sparking interest in the competition from the outset

The Guardian - UK

Broader Market Rises on Speculation a Deal Is Near to Raise the U.S. Debt Ceiling

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.22%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.24%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.05%. U.S. stocks this morning are mixed, with the S&P...

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Dollar Gains on Strong U.S. Economic News and Higher T-Note Yields

The dollar index (DXY00 ) on Thursday rose by +0.67% and posted a 1-3/4 month high. The dollar Thursday moved higher on optimism that the U.S. will raise its debt ceiling. Also, Thursday’s stronger-than-expected U.S. economic reports on weekly jobless claims and the May Philadelphia Fed business outlook survey are...

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Crude Prices Drop as the Dollar Rallies

June WTI crude oil (CLM23 ) on Thursday closed down -0.97 (-1.33%), and June RBOB gasoline (RBM23 ) closed down -0.09 (-0.04%). Crude oil and gasoline prices Thursday posted moderate losses. A rally in the dollar index (DXY00 ) Thursday to a 1-3/4 month high was bearish for energy prices....

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Dollar Strength Weighs on Crude Prices

June WTI crude oil (CLM23 ) this morning is down -0.88 (-1.21%), and June RBOB gasoline (RBM23 ) is up +0.20 (+0.08%). June Nymex natural gas (NGM23 ) is up +0.153 (+6.47%). Crude oil and gasoline prices this morning are mixed, with gasoline climbing to a 3-week high. A rally...

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Stocks Climb as McCarthy Predicts a U.S. Debt-Limit Deal Next Week

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.39%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.95%. U.S. stocks this morning are moderately higher, with the...

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Markets Today: Stocks Slightly Higher on Hopes for a Debt Ceiling Deal

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are up +0.02% at a 2-week high, and June Nasdaq 100 E-Mini futures (NQM2 3) are up +0.05% at a 9-month high. U.S. stock index futures this morning are moderately higher as optimism builds that the U.S. will raise...

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Dollar Gains on Hopes for a Debt Ceiling Resolution

The dollar index (DXY00 ) on Wednesday rose by +0.29% and posted a 7-week high. The dollar was higher on hopes that U.S. lawmakers will soon reach a deal on the debt ceiling, which would be a positive factor for foreign investors. Also, Wednesday’s jump in the 10-year T-note yield...

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Stocks Advance on Hopes for Debt Ceiling Progress

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.35%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.36%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.28%. U.S. stocks this morning are moderately higher on hopes...

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Dollar Gains on Positive U.S. Economic News and Higher Bond Yields

The dollar index (DXY00 ) on Tuesday rose by +0.12%. The dollar saw support from stronger-than-expected U.S. manufacturing production and NAHB housing reports, which pushed T-note yields higher. In addition, hawkish Fed comments Tuesday from Chicago Fed President Goolsbee and Richmond Fed President Barkin gave the dollar a boost. Weakness...

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Stocks Mixed as Debt Ceiling Talks Resume

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.41%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.70%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.16%. U.S. stocks this morning are mixed, with the Dow...

The Independent UK

‘Like a Formula 1 car’: Jofra Archer setback leaves England searching for answers but hope remains

England’s fast bowler will not renew his rivalry with Steve Smith in this summer’s Ashes, as Sonia Twigg analyses where the ECB turn next to solve his chronic elbow issue

Daily Mirror

England keeping faith in Jofra Archer after "distraught" star is ruled out of Ashes

World Cup defence in October also in doubt after Archer is ruled out of entire summer with recurring elbow injury

The Independent UK

Highs and lows of Jofra Archer’s England career after Ashes setback

The 28-year-old has been ruled out for the entire summer with an elbow injury.

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ABC News

Jofra Archer ruled out of Ashes, Jonny Bairstow returns to Test squad

England will be without pace bowler Jofra Archer for the upcoming Ashes after injury woes continued to plague the Barbadian-born star's career.

The Guardian - UK

Jofra Archer out of Ashes after recurrence of elbow stress fracture

Jofra Archer will miss a second straight summer, while Jonny Bairstow returns for the Test against Ireland and will keep wicket, with Ben Foakes dropped

The Independent UK

Jofra Archer to miss Ashes summer with fresh stress fracture in his elbow

Archer has not played Test cricket for more than two years but had hoped to make his return against Australia.

The Guardian - UK

European economy expected to grow faster than forecast, says EU

Revised outlook for 2023 and 2024 puts average growth for 27-member bloc at 1%

Wales Online

Bank of England interest rate rise could be the last for a while

The UK’s new 4.5% base rate may seem high, but it’s actually quite low compared to the 1980s and 1990s

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Dollar Gains as Higher Inflation Expectations are Hawkish for Fed policy

The dollar index (DXY00 ) on Friday rose by +0.63% and posted a 1-1/2 week high. An increase in long-term U.S. inflation expectations boosted T-note yields Friday and strengthened the dollar’s interest rate differentials. Also, comments from Fed Governor Bowman were hawkish for Fed policy and bullish for the dollar...

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Stocks Turn Lower as Long-Term Inflation Expectations Unexpectedly Climb

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.19%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.10%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.33%. U.S. stocks this morning gave up an early advance...

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